Export price index, (nonfactor) services in Nigeria
Nigeria: Export price index, (nonfactor) services was 112.25 in 1997. ◆ Volatile
Export price index, (nonfactor) services in Nigeria, 1965–1997
Source: World Bank country economists.
Analysis
Nigeria recorded 112.25 for export price index, (nonfactor) services in 1997.
That represents a change of down 12.2% on the previous year and up 12.3% over ten years.
Over the whole period, export price index, (nonfactor) services in Nigeria peaked at 219.72 in 1981 and was at its lowest, 16.8, in 1970.
That places Nigeria 17th out of 31 countries with data for 1997, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Export price index, (nonfactor) services in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1965 | 27.83 | — |
| 1966 | 23.3 | -16.3% |
| 1967 | 24.54 | +5.3% |
| 1968 | 34.33 | +39.9% |
| 1969 | 20.43 | -40.5% |
| 1970 | 16.8 | -17.7% |
| 1971 | 18.32 | +9.0% |
| 1972 | 18.5 | +1.0% |
| 1973 | 27.37 | +47.9% |
| 1974 | 67.59 | +147.0% |
| 1975 | 73.47 | +8.7% |
| 1976 | 76.97 | +4.8% |
| 1977 | 94.07 | +22.2% |
| 1978 | 95.63 | +1.7% |
| 1979 | 116.86 | +22.2% |
| 1980 | 206.2 | +76.4% |
| 1981 | 219.72 | +6.6% |
| 1982 | 186.31 | -15.2% |
| 1983 | 166.52 | -10.6% |
| 1984 | 167.31 | +0.5% |
| 1985 | 155.6 | -7.0% |
| 1986 | 82.89 | -46.7% |
| 1987 | 100 | +20.6% |
| 1988 | 91.9 | -8.1% |
| 1989 | 107.2 | +16.6% |
| 1990 | 138.5 | +29.2% |
| 1991 | 117.31 | -15.3% |
| 1992 | 110.21 | -6.1% |
| 1993 | 89.5 | -18.8% |
| 1994 | 91.46 | +2.2% |
| 1995 | 100.26 | +9.6% |
| 1996 | 127.91 | +27.6% |
| 1997 | 112.25 | -12.2% |
Nigeria compared with similar countries
- Nigeria's 112.25 is below the median for Sub-Saharan Africa, which is 117.55, 95% of the median. (28 countries reporting)
- Nigeria's 112.25 is below the median for lower middle income countries, which is 113.55, 99% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 26.09 | 20.43 | 34.33 | 5 |
| 1970s | 60.56 | 16.8 | 116.86 | 10 |
| 1980s | 148.37 | 82.89 | 219.72 | 10 |
| 1990s | 110.93 | 89.5 | 138.5 | 8 |
Countries ranked near Nigeria
More trade data for Nigeria
- Commodity Net Export Price Index, Individual Commodities Weighted by 66.76 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 93.8 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 93.58 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 63.43 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 99.77 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 85.81 (2025)
- Imports of low carbon technology products, Percent of GDP 0.5627 (2024)
- Imports of low carbon technology products, US dollar (World), per 6.1 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0056 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 42.54 million (2024)
Frequently asked questions
- What is export price index, (nonfactor) services in Nigeria?
- Export price index, (nonfactor) services in Nigeria was 112.25 in 1997, according to World Bank country economists.
- What is the highest export price index, (nonfactor) services recorded in Nigeria?
- The highest recorded value was 219.72 in 1981.
- What is the lowest export price index, (nonfactor) services recorded in Nigeria?
- The lowest recorded value was 16.8 in 1970.
- How does Nigeria rank for export price index, (nonfactor) services?
- Nigeria ranks 17th out of 31 countries with data for 1997.
- Is export price index, (nonfactor) services rising or falling in Nigeria?
- Over the last ten years it is up 12.3%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from World Bank country economists, published as part of Export price index, (nonfactor) services. Statizoid updates them automatically from the source API.
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About this data
This item is a price index measuring changes in the aggregate price level of a country's non-factor services exports over time with 1987 price index=100.